Use of discrete model of the states for determination of workload of the head of the project portfolio

From the effective work of the portfolio manager in organizations depends on the strategic goals of the organization. On the basis of the standard of portfolio management of USA Project Management Institute it is studied the processes of portfolio management using Markov chains for discrete states of the system. Processes in which the portfolio manager is busy most of the time are identified using the model of states, and on the example of supply and demand management of portfolio resources shows that if automate the process of appointment/release of the resources in projects of the organization, it gives free time for manager of the portfolio, and he will be able to pay more time to other processes of project portfolio management. This, in turn, will increase the likelihood of successfully achieving the strategic goals of the company through the timely implementation of the projects portfolio. The model of discrete states helps enterprises to solve management issues of optimum workload of the portfolio manager by involving the experts for help in specific subject areas and/or automation of certain processes.